Four hundred and eighty-one structured products worth an estimated CNY50.8 billion (US$7.5 billion) were added to SRP China database in November.
During the month, 476 structured products with an aggregate amount of CNY50.2 billion had a strike date. Issuance is up almost 29% month-on-month (MoM) while the total number of products released throughout 2022 increased by roughly 43% compared to the previous year. Some 478 structures issued by 12 banks matured with a capital outflow of around CNY86.6 billion available for reinvestment. More than 70% of the maturing products were linked to currency pairs, with XAU/USD and EUR/USD appearing i